ANIME/USDT – Breakout Triggered After Long Accumulation

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Date: June 4, 2025

ANIME/USDT has finally broken out of a key resistance zone that had capped price action for several months. The chart reveals a prolonged accumulation phase followed by a clear breakout, supported by rising volume.

📊 Technical Overview:

Current Price: $0.03233

Breakout Zone: $0.030–$0.032 (now acting as support)

EMA Status: Price is trading above both the 4EMA and 200EMA, indicating bullish momentum.

📈 Indicators:

RSI: Currently around 66, suggesting strong momentum but not yet overbought.

Volume: Noticeable increase in volume during the breakout — a sign of institutional or high-conviction interest.

🔍 Market Structure:

After forming a solid base and respecting the moving averages, price has broken through the horizontal resistance.

The breakout aligns with historical spikes (see vertical bars), suggesting potential for continuation.

🎯 Targets:

First Target: $0.0522

Second Target: $0.0889
These levels align with historical resistance and volume profile peaks.

📉 Invalidation Level:

A daily close below $0.030 would invalidate the breakout and indicate a potential return to range-bound behavior.

Good trading!

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